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Metals / Commodities

China's Rare Earth Dominance Faces Challenges As Global Supply Chain Shifts

May 03, 2024 at 10:08 | Metal Miner

Via Metal Miner The Rare Earths MMI (Monthly Metals Index) saw a massive rebound after

Is Copper Heading to $15,000?

May 01, 2024 at 09:16 | Metal Miner

Via Metal Miner It took about 24 months for the price of copper to reach the psychological mark of U.S. $10,000 per metric…

Uranium Stocks Surge as White House Considers Russian Import Ban

Apr 30, 2024 at 09:55 | ZeroHedge

Uranium stocks moved higher late in the US cash session after a report from Bloomberg, citing "people familiar with the matter," revealed that…

India's Steel Industry Faces Challenges Despite Growing Demand

Apr 29, 2024 at 09:25 | Metal Miner

Via Metal Miner India has ended the financial year 2023-2024 as a net importer of finished steel, which has sent the alarm bells…

How Copper Is Defying Weakness in China to Make A Serious Bull Run

Apr 25, 2024 at 16:25 | Alex Kimani

The entire base metal complex has been bullish in the current year, led by a 37% surge by tin and 17% by copper despite a weaker Chinese market and the…

Anglo-American's Share Price Soars on BHP Buyout Talks

Apr 25, 2024 at 10:02 | City A.M

The mining world is all aquiver this morning at talks of a potential mega-deal from BHP to buy up London-listed

China's Steel Market Tactics Under Scrutiny as Steel Demand Increases

Apr 24, 2024 at 09:19 | Metal Miner

Via Metal Miner New China tariffs may soon change the country’s steel market tactics. China continues to sit on a stockpile of steel,…

Trafigura: EVs, AI And Clean Energy to Massively Boost Copper Demand

Apr 23, 2024 at 18:26 | Alex Kimani

The electric vehicle, Artificial Intelligence (AI), power infrastructure and automation boom will drive at least 10 million metric tons of additional copper demand by 2035, Swiss multinational commodity trading company…

LME's Russian Metal Ban Reshapes Global Trade Dynamics

Apr 19, 2024 at 09:47 | Metal Miner

China will undoubtedly become an even more significant buyer of Russian metals following the London Metal Exchange’s ban on newly produced Russian aluminum, copper, and nickel. China has…

New Russian Sanctions Spark Metal Market Volatility

Apr 18, 2024 at 09:54 | Metal Miner

Via Metal Miner Copper prices continued their breakout during March, rising 4.25%. Prices then formed a second higher high on March 15, followed…

Aluminum Prices Chase 2023 Highs

Apr 17, 2024 at 09:19 | Metal Miner

Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) remained sideways, with a 2.03% rise from March…

Strike Threatens To Halt Production at Key UK Steel Plant

Apr 16, 2024 at 08:15 | Metal Miner

Via Metal Miner   Tata Steel workers associated with the Unite Trade Union at Port Talbot recently voted to strike over plans to…

Manufacturing Boom Fuels Demand for Industrial Metals

Apr 11, 2024 at 09:29 | Metal Miner

Via Metal Miner Month-over-month, the Construction MMI (Monthly Metals Index) moved sideways for the fourth month in a…

Market Sentiment Shifts as Buyers Resist Steelmaker Price Increases

Apr 10, 2024 at 10:01 | Metal Miner

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a modest 1.38% decline in…

Liberty Steel Unveils Ambitious Expansion Plans

Apr 09, 2024 at 09:05 | Metal Miner

Via Metal Miner Liberty Steel recently announced a restructuring plan for its operations in the United Kingdom after signing a new framework agreement…

Trafigura: AI Boom Could Spark a Copper Shortage

Apr 09, 2024 at 08:58 | City A.M

The chief economist at commodity trading giant Trafigura has warned the copper market could tighten further as a result of artificial intelligence. Speaking at the Financial…

Morgan Stanley Predicts Massive Investments in U.S. Metals and Mining

Apr 08, 2024 at 09:31 | ZeroHedge

Abandoning petrol-burning vehicles and adopting low-­carbon technologies to power tomorrow's economy are trends accelerating across the nation. To do this, access to rare earth metals, key ingredients in…

Stainless Steel Market Sees Mixed Signals Amid Falling Nickel Prices

Apr 08, 2024 at 09:27 | Metal Miner

Via Metal Miner Nickel prices continued to the upside during the first half of March, taking a momentary pause from…

Trade Disputes and Technological Advancements Impacting Rare Earth Market

Apr 05, 2024 at 09:10 | Metal Miner

Via Metal Miner Month over month, rare earth metals witnessed new price lows not seen since September 2020. While neodymium oxide and praseodymium…

The Next Gold Rush: Lithium Surge Creates New Investment Opportunities

Apr 03, 2024 at 08:48 | ZeroHedge

The U.S. doubled imports of lithium-ion batteries for the third consecutive year in 2022, and with EV demand growing yearly, U.S. lithium mines…

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